In the News

Title

Retirement Experts Discuss New Case for ‘Low Cost’ Reverse Mortgages

Document Type

Article

Publication Date

9-9-2016

Abstract

In some cases, the perceived high costs of reverse mortgages deter otherwise eligible borrowers from tapping into their home equity for retirement purposes. But financial experts suggest that if these products came equipped with substantially lower setup fees, a new case could be made for reverse mortgages in retirement planning.